16 Grasmere Road

    16, GRASMERE ROAD, WALLSEND, NE28 8PX

    This terraced freehold property on Grasmere Road last sold in March 2024 for £162,000. Based on price growth in the NE28 district since then, its estimated current value is £165,568 — placing it in the 16th percentile nationally and the 57th percentile within NE28. The property covers 89 m² (958 sq ft), giving an estimated value of £1,860 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    958 sq ft

    89 m²

    Last Sale Price

    £162,000

    Mar 2024

    Estimated Valuation

    £165,568

    Est. £/sq ft

    £173/sq ft

    £1,860/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area958 sq ft (89 m²)
    EPC dateJan 2020
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Mar 2024

    £162,000

    16 Apr 2021

    £132,500

    Key Metrics

    Estimated valuation£165,568
    Value per sq ft / m²£173/sq ft (£1,860/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE28 district percentile57th percentile
    National percentile16th percentile

    District Context — NE28

    NE28 covers Tynemouth and surrounding areas on the North Tyne coast, northeast of Newcastle. It is a established residential district with a mix of suburban and coastal communities.

    Average Property Price - NE28

    £172,636

    7

    National percentile

    Average Net Household Income - NE28

    £31,921

    13

    National percentile

    10-Year Annualised Price Growth - NE28

    3.3%

    38

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE28

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